The Word on CSX, AMD and Reddy Ice (FRZ)...

BUFFETT DAY AFTER: The headline: Shares of CSX Corp (CSX) Are Flat After JPMorgan Issues Downgrade, Citing Limited UpsideThe word:Guy Adami says CSX is up 45% since August. He thinks all the rails are ahead of themselves and recommends investors hold-off in this space.

FALLING KNIFE?: The headline: UBS Upgrades Advanced Micro Devices (AMD), Saying Chip Maker Is Poised For A ReboundThe word: Tim Strazzini says despite the upgrade (which he says wasn’t strong) he still recommends investors sell this stock. Tim explains that he thinks the company will have a rough 3rd quarter.

A VIEWER ASKS: IS REDDY ICE (FRZ) IS A POSSIBLE HURRICANE PLAYA viewer writes, “I know “The Admiral" had talked about various plays when it comes to water, but what about ice? I've been keeping an eye on Reddy Ice Holdings (FRZ) which has shot up recently. I see it as a derivative of the water play but if we do have a bad hurricane season, could this be a good play on that as well?”The word: Eric Bolling loves this stock! He says FRZ has no competitors and they sell 1.9 million pounds of ice to 82 million customers. (In case you’re wondering, they make the bagged ice you find in supermarkets and convenience stores.)

RENT TO OWN: The headline: Shares of United Rentals (URI) Soar After Company Says It May Sell Itself The word: Jeff Macke says the trade is Rent-A-Center (RCII) and explains both firms are more financing companies than merchants.

A VIEWER ASKS: IS REDDY ICE (FRZ) IS A POSSIBLE HURRICANE PLAYA viewer writes, “I know “The Admiral" had talked about various plays when it comes to water, but what about ice? I've been keeping an eye on Reddy Ice Holdings (FRZ) which has shot up recently. I see it as a derivative of the water play but if we do have a bad hurricane season, could this be a good play on that as well?”The word: Eric Bolling loves this stock! He says FRZ has no competitors and they sell 1.9 million pounds of ice to 82 million customers. (In case you’re wondering, they make the bagged ice you find in supermarkets and convenience stores.)